During February 2022, the following occurred in the business of Nam-Tura Trading, a general dealer: Feb 2022 Nam-Tura deposited an amount of N$200 000 into the bank account of the business. 1 Paid for...


During February 2022, the following occurred in the business of Nam-Tura Trading, a general dealer:<br>Feb 2022<br>Nam-Tura deposited an amount of N$200 000 into the bank account of the<br>business.<br>1<br>Paid for an advertisement on Facebook using the debit card of the<br>business, N$2 500.<br>3<br>Sold goods on credit to Mr Hosea, N$100 000.<br>Paid for repairs to Nam-Tura's personal vehicle N$3 250 by electronic funds<br>transfer (EFT)<br>8<br>10<br>Purchased goods on account from H. Haufiku, N$150 000.<br>12<br>Mr Hosea returned damaged goods worth N$5 000.<br>Mr Hosea deposited N$92 000 directly into the account of the business in<br>full settlement of his account.<br>15<br>28<br>Received interest on the positive balance in the bank account N$2 500.<br>Determine the balance of business bank account as at 28 February 2022.<br>Answer:<br>

Extracted text: During February 2022, the following occurred in the business of Nam-Tura Trading, a general dealer: Feb 2022 Nam-Tura deposited an amount of N$200 000 into the bank account of the business. 1 Paid for an advertisement on Facebook using the debit card of the business, N$2 500. 3 Sold goods on credit to Mr Hosea, N$100 000. Paid for repairs to Nam-Tura's personal vehicle N$3 250 by electronic funds transfer (EFT) 8 10 Purchased goods on account from H. Haufiku, N$150 000. 12 Mr Hosea returned damaged goods worth N$5 000. Mr Hosea deposited N$92 000 directly into the account of the business in full settlement of his account. 15 28 Received interest on the positive balance in the bank account N$2 500. Determine the balance of business bank account as at 28 February 2022. Answer:

Jun 09, 2022
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